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SWC E Stout Street and St Louis Avenue
Gila Bend, AZ 85337
Asking Price
$1.30M
Asset Type
Residential Land
Class
Class B
What's Special
Land | 7,000 SqFt <ul><li>APN: 402-12-040 through 061</li><li>20 fully entitled residential lots</li><li>Zoning: R-1, ground up housing is allowed. Additionally, Palo Verde Heights has a Manufactured Home Overlay.</li><li>Located in the Opportunity Zone.</li><li>Low-income Tax Housing Tax Credit may be available.</li><li>Floodplain: The property is located within the Maricopa County Flood Control District. (Finished floor elevations must be designed to meet all codes and ordinance requirements.)</li><li>Pa
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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712